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June 2007:

June 7, 2007

FOR IMMEDIATE RELEASE

American Gem Society™ to Present 2007 Triple Zero and Lifetime Achievement Awards
at Annual American Gem Society Circle of Distinction Dinner July 31, 2007

Tickets are available. Call 702.255.6500

LAS VEGAS– June 6, 2007 – Representatives of the American Gem Society™ will honor the winner of the 2007 American Gem Society Lifetime Achievement Award, Nathan R. Light, as well as the Triple Zero Award honorees in the retail and industry categories, Ellen Lacy and Tom Moses, respectively. Awards will be given at the American Gem Society’s eighth annual Circle of Distinction award dinner on Tuesday, July 31, 2007, in the Rainbow Room at Rockefeller Plaza in New York City. Tickets are available; contact the American Gem Society at 702.255.6500.

Light receives the American Gem Society Lifetime Achievement Award for his impeccable service to the jewelry industry, outstanding leadership, and the lasting contributions he has made to his community.

Light currently leads a consultancy organization, Light Consultants, LLC, where he and his business partner and wife, Pattie, provide counsel to various business as well as private jewelry clientele, including Hearts on Fire, where he serves as a member of their advisory board.

Light has received numerous awards and accolades throughout his illustrious career including the Retail Hall of Fame Award, as well as various honors from the Anti-Defamation League, Brandeis University, and the Foundation Fighting Blindness. During Light’s nearly 20-year tenure with Sterling Jewelers, he developed “A Party With A Purpose” raising millions for charity and establishing a sustainable model for philanthropy within the jewelry industry.Light’s wife and five children have all been involved in the jewelry industry, representing positions of leadership in retail, manufacturing, and the trade.

Lacy, of Lacy & Co., receives the American Gem Society Triple Zero Award in the retail category.

Quite literally growing up in the family-owned jewelry store founded by her father in Del Rio, Texas, Lacy selected her first sterling flatware pattern at 8 years of age before moving on to mastering the store’s first Gemscope. From the start, Lacy was destined for a successful career in the retail jewelry industry – both working in her father’s store in Del

Rio and running her own store with her husband Charles. Due to its frequent change in locations, Lacy & Co. has earned the nickname, “the store on wheels” moving from Del Rio to Abilene, Texas to its current location in El Paso, Texas.

A Certified Gemologist Appraiser, past president of the American Gem Society International Board of Directors, member of the National Jewelers Hall of Fame, and recently recognized as one of the best jewelry and watch retailers in the America by Harper’s Bazaar magazine, Lacy is quick to note that, “none of this would have happened without Charles at my side.”

Moses receives the American Gem Society Triple Zero Award in the industry category.

Recognized as one of the jewelry industry’s most respected and accomplished gemologists, Moses earned his Graduate Gemologist degree in 1977 while working at the Gemological Institute of America’s (GIA) Santa Monica, California laboratory before transferring to the GIA laboratory in New York in 1988 to serve as understudy to Mr. Crowningshield. In 1988, Moses was appointed Vice President of Identification Services, and in 2003, named Vice President of Identification and Research Services. During his career, he headed the Institute’s more critical research projects and co-authored many articles for Gems & Gemology, a GIA publication. In 2005, Moses was named Senior Vice President of the GIA Laboratory and Research, and now oversees all GIA laboratory and research operations worldwide. Moses is a past recipient of the Richard T. Liddicoat Award for Distinguished Achievement.

“The recipients of this year’s Lifetime Achievement and Triple Zero awards all share a profound commitment to this industry, to education, leadership, and community – tenants of the American Gem Society,” said Ruth Batson, Executive Director and CEO of the American Gem Society. “ The American Gem Society is proud to honor these very deserving individuals.”

The American Gem Society, founded in 1934 by Robert M. Shipley, is a not-for-profit trade association dedicated to proven ethics, knowledge and consumer protection within the jewelry industry. The American Gem Society is the international professional organization for all Registered Jewelers (RJ), Certified Gemologists (CG), Certified Gemologist Appraisers (CGA) and Independent Certified Gemologist Appraisers. Members are held to the highest ethical and professional standards in the industry and must pass annual recertification examinations to maintain their

American Gem Society titles. Less than five percent of jewelers in the country have met the exacting requirements necessary for membership. For more information regarding the American Gem Society or for tickets to the annual American Gem Society Circle of Distinction Dinner, please call 702.255.6500, or visit www.AmericanGemSociety.org.